Breaking: Supreme Court Rejects Purdue Pharma Opioid Settlement in Major Blow to Sackler Family

The Supreme Court rejected a settlement with OxyContin manufacturer Purdue Pharma that would have shielded the Sackler family from legal liability for the company’s role in exacerbating the disastrous opioid crisis.

The Supreme Court released the 5-4 decision Thursday morning, ruling that a bankruptcy court did not have the authority to release the Sackler family from litigation filed by opioid victims. As part of the deal, the family had agreed to pay $6 billion to settle opioid-related claims in exchange for protection from future cases.

Sackler family members previously owned and operated Purdue at the height of the opioid epidemic, which sold OxyContin and other prescription opioids. The company filed for Chapter 11 bankruptcy in 2019.

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Supreme Court Rejects Purdue Pharma Opioid Settlement in Major Blow to Sackler Family

The settlement would have shielded the Sackler family from future litigation brought by the victims of ... READ MORE

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